Allegis Group Inc Retirement Savings

Allegis Group To Expand Jacksonville Office Create Up To 500 New Jobs

Allegis Group has selected Jacksonville for an upcoming expansion and plans to add up to 500 jobs.

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The global talent solutions company is headquartered in Maryland with more than 500 locations around the world. Allegis Groups network provides a range of talent solutions, attracting and retaining the best talent to advance any organizations goals.

My administration is committed to ensuring that Jacksonville is not only business-friendly but also talent-friendly, said Mayor Lenny Curry. Allegis Group will create jobs in our community and be a valuable resource to connect talent with opportunities throughout the region. I want to thank the City Council, JAXUSA Partnership and Allegis Group for their hard work in making this announcement possible.

Since Allegis Groups founding, we have been passionate about creating opportunity for our clients, our candidates and for our teams. We are grateful for our partnership with the city of Jacksonville and for the opportunity to advance our companys core purpose, said Andy Hilger, President of Allegis Group.

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The economic development agreement with the city would allow the company to receive $1,500 for each job created, up to a maximum of $750,000, under the citys Target Industry Employment Grant program.

What Are The Costs Of Offering A Company Retirement Plan

The good news is that there are several plans available to small-business owners from IRAs to SIMPLEs and SEPs from 401s to cash balance plans and pensions. And you could get a tax credit of up to $500 just to set up the plan! But where do you start1?

• Is it just you or employees too? The first thing is to decide who you want to cover. Is it just you and your spouse? Do you have a business partner? Or do you also plan to offer the plan to employees? How many employees?
• Cost. The cost of setting up a plan can be minimal, such as a Payroll-Deducted IRA or SEP IRA, or a few hundred dollars or more to establish and maintain a 401 or a pension.
• Contributions. Do you, as the employer, plan to make all the contributions to the retirement plan, or do you want the employees to contribute, or do you want to share the contributions between the company and the employee?
• Motivation. Why are you setting up a retirement plan in the first place? Is it to reduce your tax liability? Or is it to attract new employees and offer a retirement benefit to existing employees?

Below is a list of the six most popular company-sponsored retirement plans, ranked in order from the simple and least costly to the more complex and expensive:

Contact one of our Advisors to help you design a process that helps you meet your fiduciary responsibilities.

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Get Allegis Group Inc Retirement Savings Two

Btain a clear understanding of the benefits to which you may be entitled, as well as the circumstances that affect the availability of those benefits. However, where a specific interpretation of the Plan is involved, or if you have a question about its applicability to a specific situation, you should consult the Plan Administrator. All benefits are subject to any limitations that may be required by law. In this booklet references to the Allegis/Maxim/Erickson family of companies relate to Maxim.

Get Allegis Group Inc Retirement Savings Plan Wells Fargo

1 II. PLAN MANAGEMENT …………………………………………………………………………………….1 III. WHO PARTICIPATES AND WHEN…………………………………………………………………2 IV. YOUR CONTRIBUTIONS ………………………………………………………………………………..3 V. EARNINGS .

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Give Your Employees More Retirement Security

It shouldnt hurt to do a good thinglike providing a defined benefit pension plan, nonqualified plan or employee stock ownership plan with your defined contribution plan.

The Principal Total Retirement SuiteSM combines services for multiple retirement plans, so you add to your benefits package, but not necessarily to your workload.

Making Your Money Last As Long As It Needs To

Many retirement planners focus on the accumulation phase, helping you save for your future. They highlight their expertise in investing, gauging your risk tolerance level, designing a diverse portfolio, detailing the pros and cons of stocks and bonds.

Few, however, put as much thought into what happens when you start drawing that money out, a potentially dangerous time. People are living longer. Studies show that there is a nearly one in four chance you or your spouse will live until youre 90 years old.

In the meantime, inflation chews away at fixed incomes, healthcare costs keep rising, and even the timing of your retirement can play a major role in how much money you have available to spend.

Its called Longevity Risk, and it should be a consideration for any retirement plan, no matter how old you are when you start thinking about it.

So the question becomes how to make sure your money provides you with a comfortable lifestyle for as long as your retirement lasts?

The answer is easy:

Allegis Financial Partners emphasizes an approach that can potentially increase your retirement income by 30 to 50 percent.

We call it our bucket strategy, and its designed to help your retirement plan be less vulnerable to market swings through separate elements that provide for guaranteed income, protected principal, and liquid investments like conservative mutual funds.

Whats the best way to meet your retirement goals?

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Get Retirement Plans And Services That Can Work For Your Business

From simple start-up plans to complex plans for large institutions, we offer defined contribution plan services to fit your business, including:

• 401, 403, 401, ESOP, KSOP, and other retirement plan types
• Plans tailored to for-profit, tax-exempt, governmental, and union organizations
• Full-service or third party administrator service arrangements
• Flexible integration with payroll providers
• Administrative services that limit your involvement in participant transactions
• Fiduciary support that helps you stay compliant
• Personalized participant education and engagement that may drive better outcomes
• A quality promise: If we don’t provide quality service in a competent, capable and effective manner, we’ll either fix the problem or we’ll waive the fee for that service

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Different Niches Same Differentiators

We’re in every industry and every market. And whether you work our brands in New York, Singapore, London, or Sydney, you’ll get the same high level of service delivered by passionate people who share the same differentiating values: We work harder and care more about delivering an unsurpassed quality experience.

Connecting Talent Potential To Business Outcomes

To keep pace with innovation and address workforce challenges head-on, professionals must evolve their skills, and corporate hiring managers and leaders must get creative. Our global survey reveals four trends changing how companies connect with workers and achieve business outcomes.

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Allegis Group Inc Retirement Savings Plan Summary Plan Description For External Maxim Employees

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Transcription

1 ALLEGIS GROUP, INC. RETIREMENT SAVINGS PLAN SUMMARY PLAN DESCRIPTION FOR EXTERNAL MAXIM EMPLOYEES January 1, 2012

2 CONTENTS I. INTRODUCTION…1 II. PLAN MANAGEMENT…1 III. WHO PARTICIPATES AND WHEN…2 IV. YOUR CONTRIBUTIONS…3 V. EARNINGS…5 VI. INVESTMENT OF YOUR ACCOUNT…5 VII. QUARTERLY STATEMENTS…8 VIII. IN-SERVICE WITHDRAWALS…8 IX. LOANS…9 X. ELIGIBILITY FOR BENEFITS…10 XI. XII. XIII. XIV. XV. XVI. VALUATION AND PAYMENT OF BENEFITS…10 LUMP-SUM DISTRIBUTION…11 CLAIMS PROCEDURE…12 CHANGES IN THE PLAN…13 PLAN GUARANTEES…14 PLAN EXPENSES…14 XVII. SUMMARY PLAN DESCRIPTION…15 XVIII. ERISA RIGHTS…15 XIX. PLAN INFORMATION i-

19 Participating Employers Aerotek, Inc. Aerotek Aviation, LLC Aerotek Scientific, LLC Allegis Group Services, Inc. CareFocus, Inc Lee Deforest Drive Columbia, Maryland CareFocus Companion Services, LLC 7227 Lee Deforest Drive Columbia, Maryland Centrus Premier Homecare, Inc Lee Deforest Drive Columbia, Maryland Duluth Service, Inc. Erickson Health Medical Group of Colorado, P.C West Country Line Road Highlands Ranch, Colorado Erickson Health Medical Group of Illinois, P.C. 901 Milwaukee Avenue Lincolnshire, Illinois Erickson Health Medical Group of Kansas, P.A Metcalf Avenue -17-

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Move Assets Directly Into Your Current Or New Employers Plan

If youre joining a different company, moving your retirement savings directly into your new employers QRP may be an option. This may be appropriate if you want to keep your retirement savings in one account and youre satisfied with the investment choices the new plan offers. This alternative shares many features and considerations of leaving your money with your former employer.

• Investments keep their tax-advantaged growth potential.
• Fees and expenses are generally lower with a QRP versus an IRA.
• You avoid the 10% additional tax on distributions from the plan if you leave the company in the year you turn age 55 or older .
• RMDs may be deferred beyond age 72 if the plan allows and you are still employed and not a 5% or more owner of the company.
• Generally, QRPs have bankruptcy and creditor protection.
• Loans may be allowed.

• There may be a waiting period for enrolling in the new employers plan.
• Investment options for the plan are chosen by the QRP sponsor and you choose from those options.
• You can transfer or roll over only the QRP assets that your new employer permits. Please contact your plan administrator for details.
• Your new employer will determine when and how you can take distributions from the QRP.
• Favorable tax treatment of appreciated employer securities is lost if moved into another QRP.

Feel Inspired And Balanced

For us, work/life balance isnt just a buzzword. We know that the right support can help you stay strong, inspired and balanced. Thats why we strongly believe in wellness and health advocacy programs. And with our internal health and wellness programs, we provide additional resources designed to educate, support and inspire you to pursue a healthy, balanced life.

Care

Health plans and leave to promote health and family:

• Blue Cross Blue Shield PPO
• 100% coverage for well visits
• HSA with annual company contribution
• Short-term and long-term disability

Paid time off to unwind your way:

• 20 days annually plus six company holidays
• Increases after three years

Savings plans and tuition support to build for the future:

• 401
• Eligible employees have potential to participate in the Allegis Group Investment Growth Plan
• Tuition reimbursementup to a maximum of $5,250 annually on eligible courses/programs
• Assistance managing student loans through our partnership with CommonBond

Give

Programs to support causes important to you:

• Give back and support local charities and communities through our corporate partnerships or matching assistance programs

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Very Importantthe Information On This Page Is For People Going Through A Divorce Or Attorneys Helping Their Clientsdo Not Call Qdrodesk For Retirement Account Information Unless It Is In Regards To A Divorce Qdrodesk Is A Private Company That Only Helps With The Divorce Process It Is Not Related Or Connected To The Retirement Account Listed On This Page This Page Is Provided For Informational Purposes Only

ALLEGIS GROUP INC RETIREMENT SAVINGS PLAN

ALLEGIS GROUP INC RETIREMENT SAVINGS PLAN is a Defined Contribution Plan which has an account specified for the individual employee where a defined amount is being contributed to the plan by the individual, the employer or both. Examples of this type of plan are 401, 401, Employee Stock Ownership Plan , Savings Plans and Profit Sharing Plans.

An Alternate Payee can be awarded a portion of the Employee’s account pursuant to a QDRO. The Plan will establish a separate account for the Alternate Payee, and offer the Alternate Payee the same investment opportunities that are available for other participants. If the Alternate Payee chooses, it is usually possible to transfer the funds awarded to an IRA or other tax qualified account of his/her choice. By using a QDRO to award funds from this type of plan, early withdrawal penalties are avoided, and the Alternate Payee will be held responsible for the taxes on any distribution he/she receives from the Plan.

Under most plans, it is possible to award the Alternate Payee a portion of the Employee’s account balance as of a specific date , plus any investment gains or losses attributable thereon from that date until the date the Alternate Payee receives a distribution from the Plan.

Since this type of plan affords for an Alternate Payee to receive an immediate lump sum distribution, the terms of the QDRO are much simpler than the provisions contained in QDROs for other types of plans.

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Allegis Group Inc Retirement Savings Plan

Have the investment options in your plan changed? Edit your plan & get updated advice.

Plan Comments

Join the conversation and comment or ask questions about the plan, its investment options, or the model portfolios provided.

• Access Kivalia’s current ratings for all investment options in your plan.
• Review the historical performance of any Kivalia model portfolio.
• Update your plan’s fund list as investment options change.

Generating Plan and Portfolio Allocations…

Money Market Funds

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